MoU on April 28 to get Chinese loan for Padma Bridge rail link project


 DHAKA, April 22, 2018 (BSS) – A memorandum of understanding (MoU) will be signed with China on April 28 to get loan for the ‘Rail Link’ project of the much awaited Padma Bridge.

Under the MoU to be signed in Beijing, the Exim Bank of China will give financial support to the project, said Railways Minister Md Mujibul Haque, addressing a seminar on ‘Policy Analysis’ at Bangladesh Institute of Governance and Management (BIGM) auditorium in city’s Agargaon, said an official release.

Bangladesh Bank Deputy Governor Abu Hena Md Razi Hasan and Additional Secretary of Public Administration Md Moazzem Hoassain addressed the seminar as special guests with AB Mirza Azizul Islam in the chair.

Mujibul Haque said the government has taken different initiatives to bring the whole country under rail network.

A new rail line is being set up in Cox’s Bazar and another will be set up from Dhaka to Paira seaport in Patuakhali, he added.